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PENTAIR plc — Director's Dealing 2021
Jan 6, 2021
30329_dirs_2021-01-06_c0c10396-e558-43ce-b419-e9489df08cb2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PENTAIR plc (PNR)
CIK: 0000077360
Period of Report: 2021-01-04
Reporting Person: Stauch John L (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-04 | Common Shares - Restricted Stock Units | A | 24258 | — | Acquired | 56655 | Direct |
| 2021-01-04 | Common Shares | F | 560 | $51.53 | Disposed | 1198.0699 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-04 | Employee Stock Option (right to buy) | $51.53 | A | 100293 | Disposed | 2031-01-04 | Common Shares (100293) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares - Deferral Plan | 82035.7 | Indirect |
| Common Shares - ESOP | 889.015 | Indirect |
| Common Shares | 234725.9895 | Indirect |
Footnotes
F1: Restricted stock units granted pursuant to and subject to a vesting condition of the Pentair plc 2020 Share and Incentive Plan. Each restricted stock unit represents a right to receive one Pentair plc share upon vesting.
F2: End-of-period holdings reflect the vesting of restricted stock units that were previously reported.
F3: Shares surrendered to pay taxes applicable to vesting of restricted stock units.
F4: End-of-period holdings include monthly purchases under the ESPP in exempt transactions pursuant to Rule 16b-3(c).
F5: Pentair plc shares will be delivered to the reporting person in accordance with their irrevocable deferral election.
F6: End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
F7: Since the date of the reporting person's last ownership form, 27,401.174 shares held directly have been transferred and are now held indirectly by a trust owned by the reporting person's spouse.
F8: Employee stock option granted under the Pentair plc 2020 Share and Incentive Plan.
F9: One-third of the stock options become exercisable on the first, second and third anniversary of the grant.